SEC is seeking to regain crypto ground following ‘missed opportunity,’ Chairman Atkins says

SEC Chairman Paul Atkins has signaled a significant shift in the agency’s approach to digital assets, stating that the commission is focused on regaining lost ground after what he described as a ‘missed opportunity’ to provide clear regulatory guidance. Speaking at a recent industry event, Atkins acknowledged that the previous era of ‘regulation by enforcement’ had stifled domestic innovation and caused the United States to lag behind other jurisdictions in establishing a cohesive framework for blockchain technology. The Chairman outlined a strategic pivot aimed at fostering transparency and cooperation with industry stakeholders. By prioritizing the creation of clear rules for token classification and exchange registration, Atkins believes the SEC can restore its leadership role and ensure the U.S. remains a primary hub for the global digital economy while maintaining robust investor protections.

Source: SEC is seeking to regain crypto ground following ‘missed opportunity,’ Chairman Atkins says